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Tag

fuel costs

2 articles

Research & Analysis11d ago

Lufthansa Cuts Full-Year Profit Outlook as Fuel Costs Rise €1.7 Billion

Deutsche Lufthansa AG warns annual profit will fall short of original targets, citing a €1.7 billion surge in jet fuel costs tied to the Iran conflict.

U.S. Equities137d ago

Budget Airlines Grounded: Fuel Costs Decimate Margins, Sell UAL, LUV

The era of ultra-cheap airfares is ending as surging fuel prices rip through budget airline profitability, forcing a re-evaluation of sector valuations and investor expectations.